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follow efforts to harm our americans. >> what do you do about the environme environment>> 90 billion in green jobs. >> is the president on the right track? fox news reporting breaks it down behind obama's green agenda from denver, colorado here is bret baier. >> colorado epitomizes colorado mountains a state with magnificent beauty rich natural resources and enterprising people. few places straddle the great divide over environment protection the way colorado does. like america has a whole, folks here don't always agree on how to balance our duty on the one hand to be good stewards of the earth and on the other to ensure this generation can endure all of the benefits can offer. fox news has been crisscrossing the country to bring you a better understanding of what is really driving the green debate. first up greg jug jarrett investigates a high ranking obama employee from the environmental protection agency and whether his radical views are all too common in the increasing powerful agent. >> al was one of the environmental protection agencies top officials until this tape went viral
will be released into the environment and wind up in the food chain. >> conducting chemical analysis will not help me if there is poisonous stuff flying around in the air. or finding its way into the groundwater. >> there is a tradition of mining in the area. 2000 years ago, the romans mind for goals here. it is thought to have one of the biggest gold deposits in western europe. mining here is lucrative, even if the excavation is costly environmental regulations strict. the people are divided on the issue. some residents are banding together to raise support for the mine. the mother of this young family is one of them. like 40% of the population, she is out of work. >> i hope that thanks to the mine, we will be able to stay and our family will have a future here. otherwise, we will have to move away. >> but where to? the effects of the economic crisis are being felt across spain. in this region, there is little industry outside of traditional coal mining, and its days are numbered. the regional government could sorely use the tax revenue the gold mine would generate. the socialist-led government d
environment saying it's challenging and reported a drop in its first half net profit. it was really dragged down by some sluggish sales numbers. it's got a cost of one billion pounds. the company trying to fix its domestic operations, investing in stores, people and products. the online department has been a huge push. the contrast has been -- you can see the varying performances of these two stocks in the trading session today. its numberns coming in fairly well. this is the third biggest supermarket chain here in the uk. take a look at the spike in the airline. it's certainly making some strong inroads out there. raised its profit guidance. it's also reported a boost in strong demand from some of the european beach roots from london, so it's been using the flights to fly into some of those little nations. it seems as though the pursestrings for holiday travelers has certainly being loosened a little bit. let's take a look at what's playing out on debt markets today across the charts. you see prices are moving high. we're still seeing below the 1.5% level. the constant question mark surrou
of the deloitte cfo service. they were asked what their views are on the current operating environment. joining us with more, chief economist at deloitte. good to see you. i suppose we had a record second quarter of declines. >> confidence went through the floor back in june on the result of what's going on in the euro area. you've seen a bit of a bounce. risk appetite up is bit so i think cfos are looking at the same things the equity markets are looking at, qe-3 in the states, ecb bond buying. but the interesting thing is the underlying stock support is getting rather more defensive, they're more focused on cash. if respect. >> so what can he can to in terms of laying confidence?f re >> so what can he can to in terms of laying confidence?espe >> so what can he can to in terms of laying confidence?ct. >> so what can he can to in terms of laying confidence?. >> so what can he can to in terms of laying confidence? >> so what can he can to in terms of laying confidence? >> a lot of concerns relate to things outside the uk, in particular the weakness of the euro area, uncertainty. so there are things
and retail business are rising. and also in some lines of the industrial business. so the overall environment for the insurance industry is very good. your free float is about 20%. will you stop here for a while or will you raise money in the future? >> we'll raise money in the future, however, not for the next 24 months. we are sufficiently capitalized now after this ipo on for the next 24 months, but there will be further capital increases in the future. this is just our first step in to becoming a listed insurance company. >> all right. and just give us your view where we stand at the moment with the world economy. because it's interesting where you're looking at your operations. eurozone still in the grips of recession or low growth, weaker growth in asia. just give us your sense of how you view the world and how it transfers back into your business. >> i'm 100% sure that the euro will survive. the euro is instrumental for the future of europe. the emerging market particularly in brazil and mexico are very interesting growing markets for the future. and also the middle and eastern europea
to the environment. carbos products rely heavily on fossil fuels. one researcher says the new project is a step up in scale. >> normally we are in our labs doing in test tube size scales. occasionally, we might use a 100 leader reactor. this time, the goal is to go big, tons, a cubic meters. >> the pilot plant is just one of many looking to shake up the industry. the bio economy association consists of 80 industry leaders. they players -- big players like chemical producers, to them, the association is an investment in the future. >> the future of the industry is green. everyone talks about sustainability. we walk the walk and frankly we have no other choice. the oil wells will not float forever. >> oil refineries still loom larger, but the winds are changing. >> not to an update from somalia where african union and somali troops have consolidated their grip on a city there. >> the southern port was the last urban stronghold of the islamist militia which made what it called a tactical retreat over the weekend. the al qaeda-linked militants were driven out of the capital last year and continue to c
uniforms but plenty of guns, a potential danger for u.s. troops. >> if you come to an environment like this there are afghans with weapons. >> they're not going to put away their weapons just because we're here. as you see, everybody else has got theirs, too. >> reporter: you've built this relationship on trust and now you're saying well, hold on, maybe we don't trust you and-- that's not what you're saying. >> right. >> reporter: but that's the impression. >> that may be the message. we tried to soft than blow as much as we can. they felt guilty for the incidents themselves so they understood why we were trying to do this. we're going to continue this relationship as best we can given this and they were good with it. >> reporter: the soldiers that we were with hoped to finish vetting the afghan forces this week but, scott, commanders have a new list of conditions that have to be met before their joint operations can start again and we're told the clock would be reset if there's a new insider attack. >> pelley: hard work to do in afghanistan. charlie thanks very much. the mystery of th
this volatility kind of in a range-bound environment, so this could be an interesting back-and-forth action until the election. > > have a great day. that's tim biggam of tradingblock. > > thank you angie. thanks for watching today. coming up next week: you don't hear this very often, but a number of investment managers believe the economy is getting better. wait till you hear why they are very bullish on the economy and the stock market. and maybe you should be too? from all of us at first business, enjoy your weekend! >>> we're live in san francisco where the entire police force will be out on the streets this weekend. we'll tell you why extra officers are needed for events planned. >>> the steps bay area transit agencies are taking to make it easier for people to get around during this very busy weekend. >>> a and coup l rob -- and a couple robbed at a bart station overnight. how the two suspects ended up in the hospital. >>> good morning. thank you for joining us on this friday morning, october 5th i'm pam cook. let's find out if it will cool down some more. steve paulson has the forecast. >>
. if the national environment is destroyed, then it is really bad, and not just for our own investment, but for the area in general. at the beginning, i thought i would get involved in the fight against it, that i would not go along with it, but now, i am having my doubts. i wonder whether things are not better as they stand a if would be better off moving away. >> of course, that is not with this conservationist wants, but more and more manor houses on her map are marked in pink, indicating that they are in serious condition. >> recently, one of the manor houses had disappeared completely. there was just a heap of stones. fear that in the next five or 10 years, and aiding houses will be beyond repair. >> it could soon be dotted with ruins, ruins with a certain melancholic charm for sure, but hardly evidence of the prosperity that east germans were promised after unification. >> that brings us to the end of this edition of "european journal" from dw studios in brussels. from all of us here, thanks very much for watching. until next nine -- until next time, bye for now! captioned by the
between from a kitraditi conservatives and ahmadinejad, who is to blame for the current environment. so that's the part where we'll have much more debate. and the real intention or the real intent of the sanctions is to change iran's position on the nuclear program. that's likely to be less effective. iran needs face saving mechanisms. a deal which guarantees that domestically iran looks weak. so going into negotiations with the west -- >> is there such a solution where they can come to an agreement that satisfies both his demands for that and the west demands for no nuclear proliferation? >> it's a delicate matter. it's framing the agreement as if it's a win/win situation, but such conditions would directly not allow iran to develop a nuclear weapon. negotiations will be hard. >> good to see you. thanks very much. henry, thanks for joining us, as well. >>> still to come, the controversial fracking technique used in the natural gas sector is rapidly gaining progress. we'll find out why. >>> these are the headlines. september employment report in the u.s. is on the minds of investors and
are taking risks. >> oh, sure, in this environment, i mean, you know, we're watching liquidity like a hawk because there's great sense tomorrow morning it could go the other way, in effect you don't invest as much, you don't take as much risk. >> how would you counter the argument that businesspeople and the wealthy have had their way for the past 2030-years as they've increased their lead in terms of income disparity and gotten richer and richer, and you would have hoped that some of that would have trickled down, if it works you would have hoped the average person would have participated in the good times and haven't and you need a president that is going to come in for the powerless people that aren't able to set policy and pay to go do things and you need someone that will represent them in the future. how was is that pretty damned good? >> yes, sir. >> you can take this. thank you for writing it for me. >> i'll get you a job at "the new york times." the reality is as follows. the whole focus has been on how the quote, one percenters or ten percenters, how the top earners moved ahead o
environment, some big market changes, but you have a management team now who has a handle on the problems, who knows what to do. we've got a plan to fix this company. and i think investors have to decide, gee, do they think that hp can turn this ship around? do they believe in the management team? do they believe in our employees? do they believe that customers want hp to win, which i can tell you they do. and do they believe in the product lineup? we spent quite a bit of time yesterday at our analysts day talking about the coming products in each of our divisions. we showed our new pc lineup. we showed -- talked about our multifunction printers. we talked about ink in the office, ink advantage. we talked about our new, very energy efficient arm-based servers that i think could revolutionize the server market. we talked about three par and storage as well as we're the leader, really, now in the development of sdm, software-defined networking. so products are going to be a really important part of how we bring hp back. and investors got to look at that whole story and say, gee, do i think this
's environment? and how are clients allocating capital today? joining me now in a cnbc exclusive are two people at the forefront of those decisions. quinton price and robert kapito, the president of black rock. gentlemen, good to have you on the program. thank you so much for joining us. let me start with quinton, since i don't think you've been with us before. nice to have you on the program. you are the global head of the alpha strategies group. really, a global opportunity for allocating capital. to what do you attribute the rally today? was it the ecb, do you think? was it the election last night? what's going on? the debate, rather. >> europe has been driving the market for months. ever since draghi made his comments, going back two months, we've seen confidence flowing back into equities. we've removed the downside risk for markets. i think that's continued. i think people have got confidence back from last week and we're seeing a number of, you know, good reports of pick up in china and stuff which is all helping to create a positive tone. >> so you do believe the tail risk is not as bad
market, the environment, a bunch of things very uneven, and gas price that is have been higher, and take the scarce income away from consumers, and the nagging concerns about other things, about the elections, and what happens with tax policy and europe. and jobs and a little bit about gas. >> tell us a little bit about the elections. >> d do you think that people will feel better just knowing who's going to be in the white house, and then go ahead with financial decisions they were going to be making and buy whatever purchases they were thinking about. >> we hope it's going to work out like that. >> when they win, we don't know the congress they're going to work with. we don't know if it's something they can put their heads together and work with or the parties will be at logger heads. >> it will be organic. we have to see who is elected and the demeanor between the president and the congress he has to work with. >> susie: and you know we hear so much from the federal reserve about how much super low interest rats are going to help the economy. to what extent are the low rates motivatin
. >> it is not a hostile environment. it is a wonderful experience and i do get loud. >> reporter: a's kept the crowd quiet till the late innings and that is when the game went detroit's way. so now the circus comes back to oakland for game 3 on tuesday and it is the a's wish that maybe this lasts for three more days because after all they must not only win on tuesday, but wednesday and thursday as well. no tall order that they have not had to deal with before. don't forget, they won their last six games at home. reporting live, fred inglis, ktvu channel 2 news. >> loyal a's fans rolled into sports bars this morning. today's game started at 9:00 a.m. pacific time. we caught up with some in oakland. some were already looking forward to next week when the a's will face the detroit tigers at home. >> people will be on their feet screaming, the energy has been incredible for the last home series run and sweeping the mariners and rangers. it will be awesome. >> the next game is tuesday in oakland with a start time of 6:00 p.m. www.ktvu.com has more on the a's playoffs, including a sideline showed and an intervi
operations are safe and clean for our communities and the environment. we're america's natural gas. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. ♪ >> welcome back. we are taking a look at your top commodity movers. looking at rbob gasoline. reversing yesterday the big losses. crude almost completely erasing yesterdays losses. rbob up. crude oil prices also a big gainer. back above $90 a barrel. crude prices in the range of 91-$92 a barrel. gold also shining. about three quarters of a percent. we got some comments from mario draghi. they are going to do something, another bond buying program of some sort. that eased concerns over in europe. also, by the way, we had a weaker u.s. dollar, stronger euro scenario on that. it was a big win
and continues to be a very challenging environment. speak of the reason there is no defeat of al qaeda and in afghanistan is because the administration even the last two years of the previous administration not interested in working with civil society to work with the younger generati generation, and unfortunately we are going to withdraw and the taliban will come back and sees as much as they can. ashley: the arab spring, what challenges does it pose with regards to security in the region? >> lebanon is clearly a lost cause, and the israelis are watching. iraq is going the wrong direction, the president has no solution to what is going on with iran contaminating the entire region. we have a policy that is absolutely bankrupt, it is going to lead to far broader problems across that part of the world and also the underbelly of europe. he think we have had it bad, this rate it will get much worse. ashley: all right, thank you so much. they will have much more on the administration's response to libya and afghanistan later coming up with the "a-team." no more bailouts, national debt is ov
to seem unless the debate set the presidential election. it's clear the spt heading toward a environment he has a advantage. romney is going to be exceptional. >> tune in. >> fiewn in and watch. let watch. >> i'm excited. >> talk about in next week in class. >> would you taunt the cross road different and you engage in more localized races congressional and senate how you choose your priorities since so you have a broader scope. >> yeah. that's a good question. we're focused on the presidential election and goal to beat president obama and elect a new president. we are heavily invested in the senate and house race. thing a way about the -- [inaudible] i don't think priority u.s.a. for example -- restore future exclusively dedicated. we're focused on all of the senate races or where you're going do see a lot more of the advertising early your on in the senate races, the bigger the office, the more people pay attention. the we'll be engaged in a number of house races probably a little bit later as we get closer. >> yeah. that's the other thing. the cross roads place outside role in the sen
the droid razr. it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management extra curricular activities help provide a sense of identity and a path to success. joining the soccer team. getting help with math. going to prom. i want to learn to swim. it's hard to feel normal, when you can't do the normal things. to help, sleep train is collecting donations for the extra activities that, for most kids, are a normal part of growing up. not everyone can be a foster parent... but anyone can help a foster child. >>. >> heather: an unmanned privately built spacecraft scheduled for the first launch to the international space station tonight. it's a milestone mission to restore nasa's built to travel back and forth to the space station. nearly two dozen people were arrested during an occupy protest in san francisco. a march turned violent as they allegedly through flar
's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >>. >> heather: an unmanned privately built spacecraft scheduled for the first launch to the international space station tonight. it's a milestone mission to restore nasa's built to travel back and forth to the space station. nearly two dozen people were arrested during an occupy protest in san francisco. a march turned violent as they allegedly through flares and rocks at police. a train colliding with a semi truck loaded with cars in southern california. with more than 200 passengers on board, crews are on the scene mopping up diesel fuel. three people suffered minor injuries. >> gregg: well, an october scare could be coming for the stock market, if you look at history. historically it's been a tough market for wall street. bubbles bursting, who can forget 1987, ouch! and 1929, i remember that was a good year. [ laughter ] >> gregg: the g
provide the permitting under broad standards set by the federal government. that protects the environment and we produce more energy, domestic energy an jobs from this country. melissa: can you tell me physically what takes the process so much longer? is it your filling out pieces of paper you send them in and don't hear back forever? what in the permitting process takes gap 10 days, couple days in one situation and 290 days in the other? what is it? >> melissa, frankly it is federal bureaucracy. it is red tape. it is epa. bureau land management. what they're doing, they have got a very lengthy, extensive and uncertain permitting process that ties up industry for no real benefit that means less domestic oil, less domestic energy and fewer jobs. melissa: so what's the answer? is it no permits at all? is there a way to expedite the process? do you do the permits locally? what's the answer? >> well, that's, i appreciate you asking that question. that's my point. here in the state of north dakota we're a good example. on private lands we get the wells permitted in 10 days. with the legislatio
about in new york or lower cash minimum-wage for certain employees. much easier environment. dave: you are not beginning new project particularly because of regulations. >> no plans to open up here because of regulations. don't understand what is going on. dave: like what? >> number one is obamacare. we don't understand it and when we ask consultants it costs money and get different answers from different people because no one understands what is going on. because of that i am not going to hire 50 employees because that is $100,000 penalty. dave: if you have less than 50 employees you don't do as much. they don't want to hurt small business but that prevents people from hiring more than 50 people. >> they come up with numbers and think 50 means you are a big business and can withstand any new initiatives they have but it is not based on the number of employees but your bottom line. your profit. >> 50% of small-business owners would not start a business today if they had no what they're getting into with the new regulations. what about you? >> risk purses reward. right now the tables ha
does not feel the competitive environment -- it is down 4% but also down 6% year to date. tough time when david einhorn piles itown by it is coming back. david asman down 36 points. dave: david einhorn was shorting one stock but also long enough. when david einhorn speaks people listen. cheryl: when nicole petallides speaks we listen. the new york stock exchange giving up early-morning games. nicole: at talk to some traders talking about the fact we have been in a narrow range and the choppy market and that is the day today coming close to the unchanged line. dave: apple is in the green. earlier it was in the red and had the $650 mark and was $700. people saw 650 and it won't be this low for long. nicole: people see that as a buying point. people like to bion that and go into that category and they go into that category. cheryl: chipotle diving today but made some bearish comments on the other side and as i mentioned general motors and warren buffett got in a little while ago. nicole: you don't fight einhorn. going against that particular day. the competition is up and general
natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. that leads back from the exchange and she has a spicy loser for us. nicole: we are looking at jacoby mexican grill? we have seen this stock off sharply today. david einhorn reiterated his discontent with green mountain coffee. we talked a lot about that. he is doing that -- a couple reasons. talking about rising food prices and reasons to short according to david einhorn. rising food prices increase the employee health costs and last but not least the point he made is in a conference today talking about competition from taco bell. these are the reasons at this time and why we are seeing the stock up 6%. dow and the s&p with down arrows
can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it work ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call or visit trylyric.com for a risk--free 30--day trial offer. and hear what a little lyric can do for you. lyric from phonak. life is on. with a vial and syringe. me, explaining what i was doing at breakfast. and me discovering novolog mix 70/30 flexpen. flexpen is pre-filled with your pre-mix insulin. dial the exact dose. inject by pushing a button. no vials, syringes or coolers to carry. flexpen is insulin delivery my way. novolog mix 70/30 is an insulin used to control high blood sugar in adults with diabetes. do not inject if you do not plan to eat within 15 minutes to avoid low blood sugar. tell your healthcare provider about all medicines you take and all of your medical conditions, including if you are pregnant or breastfeeding. most common side effects include reactions at the injection site, weight gain, swelling of your hands and feet, and vision change
of people in the low interest rate environment, investors are looking and buying up a lot of these homes, looking at that as a way to get yield in here. so not only is it helping stock, it's helping the housing market and that's that wealth effect people are talking about. these are the two areas bernanke knows are vital to how people feel and the confidence factor. >> but this is cart before the horse economics. the stock market is supposed to go up because the economy is going up. and when you push the stock market up artificially and hope the economy will come behind it, i think that's very dangerous. i'm very uncomfortable where that. i liked the stock market more before i saw the fed in there as a cheerleader. when the fed's doing something you kind of have to look at the other side of risk and now i'm getting worried that the fed is doing this. >> you could careless why it's going up. >> from a valuation standpoint, we're certainly getting ac litte stretched. 14 1450 was our number and we're essentially there. you look at the economy, housing is certainly working. autos is search w
earnings are not correlated with the macro environment. ubs writes that alexion is a significant double-digit growth driver but uses the orphan drug model where pricing and reimbursement are insulated, the biotech is up a whopping 400% over the past three years. keep in mind this is a speculative takeout target. another standout stock, gilead sciences is up 70% year-to-date, ubs has it as its top large tech biotech pick, it's attractively trading to a discount to the biotech sector, biogen up 50% in the past year thanks to its strong earnings performance and anticipation riding behind its multiple sclerosis drug bg12 which could get approval by year's end. another is buyout speculation. the firms are on the hunt for under the radar biotech firms, bristol-myers among others making big bets. andrew you've been following that as well. >> thank you for that report. lot of beta. see if there's any alpha. >>> in the next hour of "squawk box" former ubs american chairman robert wolf will join us to talk financials, jobs and the election, mr. obama's favorite banker. and later health care, a ma
the economy in an environment, it's difficult to reduce expenses because a lot of expenses of liquids and economic situation that one related to unemployment benefits. in terms of the financial sector, we have to address a problem of pressure, sending, a problem of capacity and a problem of governance and transparency. most of this issue aren't linked with the savings banks. by definition, they were operating with a degree of concentration with real estate, but there's a lot of albums for these things. in terms of funding, there was working with a stronger to touchÉ and with the capacity in the course of 10 minutes a weaker segment of the sector was much more effective to as a problem throughout the system overcapacity. this is at the overcapacity in the spanish financial site are we'll be in the region of 30%. in this problem is going to be address because as a result of the injection of private sector money, the process is going to take in terms of their restructuring of the sector and is going to alter banks that have been the objects of private sector money injection to restructu
to talk about the idea that government should be smaller and get out of the way. and an environment that is favorable for business is actually an environment where business will create jobs. how that's going to go over? >> it won't go over well, he hasn't had a real plan so far. these are about real people's lives. he's got a tougher job i think than the president tonight. because most people because of his comments whether he realizes it or not, he's lived a privileged life. and he doesn't understand common workers, what we go through every day. so he's got a tough job to make people let them know that he does understand what they go through. if he can do that, he'll have a good night. if he can't, i don't think the zingers are going to matter. because big problems require big solutions not bumper sticker answers. >> of course we know the relationship between white house and labor has not always been rosy over the last four years. is there something the president also needs to say to impress you? >> again, it's not what he says to me but what really american workers need. and that'
said your plan will ket kill 700,000 jobs. i don't want to kill jobs in this environment. let me make one more point -- >> jim: let's let him answer the tacks thing for a moment. >> okay. >> well, we have had -- >> jim: about the idea in order to reduce the deficit, there has to be revenue in addition to cuts. >> governor romney has ruled out revenue -- [overlapping dialogue] >> the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget. but the idea of taxing people more, putting more people out of work, you will never get there. you never balance the budget by raising taxes. spain -- spain spends 42% of their total commo government. >> jim: okay. >> we are spenning 42% of our economy on government. i don't want to go down the path to spain. i want to go down the path of growth that puts americans to work with more money coming in because they are working. >> jim: but, mr. president, you are saying, in order to get the job done, it has to be balanced -- >> if we are serious, we have to take a balanced, re
%. but the real reason these stocks will be anointed is their genuine high growth names in an environment where because of the slowdown worldwide there are very few real growth stocks out there. sure, many stocks rat 252-week highs. but google and amazon are barn burners. they're so obvious that they're not going to be ignored. every fund that already owns them will be double do you think between now and the end of the year if history is your guide. plus, you got a nice google reversal today, which gives you a chance to do some buying. the charters are going to be calling it the son of apple. they're going to say this reversal today is now the beginning of the big decline, like it was with apple. hey, can we just decide that apple and google are different companies? why don't we start with this amazon. we know that this company is oriented in online retail powerhouse, the widest selection of products, lowest prices, fastest, cheapest delivery. amazon is a beloved company that has cultivated fabulous relationships with its customers, and most important, it's still taking market share all over th
. a computer in a club environment. >> computer on a treadmill taking it to another level. a big growth area for brunswick which was 50% return on investment over the last year. not bad. >> the only clement is popping for this company. i can't run to the corner on a treadmill. >> they do this, the bikes as well. you will be able to bite the tour de france course and watch this is a program on bikes as well. takes you to these courses and you move along the course with you are writing more running. that was awesome. thank you. i can't run. from a bite to walk out the new york times is seein of action lately and could it be the labor friendly newspaper may not be so friendly with unions after all? dennis kneale covering the story. i was never in a union. >> let's not forget that. >> union are doing very well but not so well for newspapers. 700 employees walked off the job. they are protesting the hard-line. the walkout was more around the block. it is awkward for management that one of the most pro union papers in the country. labor, so long as it declines in the private sector is losing clout
said your plan will kill 700,000 jobs. i don't want to kill jobs in this environment. make one more point. >> let him answer the taxes thing for a moment. mr. president? >> well, we've had this discussion before. >> about the idea that, in order to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. governor romney has ruled out revenue. he's ruled out revenue. >> completely? >> the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget. but the idea of taxing people more, putting more people out of work, you'll never get there. you never balance the budget by raising taxes. spain spends 42% of their total economy on government. >> okay. >> we're not spending 42% of our economy on government. i don't want to go down the path of spain. i want to go down the path of growth that puts americans to growth with more money coming in. >> go ahead, mr. president. you are saying, in order to get the job done it's got to be balanced. >> if we are serious,
700,000 jobs. i don't want to kill jobs in this environment. i want to make one more point. >> let him answer the tax thing for a moment. >> okay. >> mr. president. >> well, we've had this discussion before. >> well, in order -- about the idea to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. >> mr. romney has rule out revenue. >> look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and balance the budget. the idea of taxing people more, putting more people out of work, you will never get there, you never balance the budget by raising taxes. spain spends 42% of their total economy on government. we're now spending 42% of our economy on government. i don't want to go down the path of spain. i want to put more americans to work. >> mr. president, in order to get the job done, it is going to be balanced? >> if we're serious, we have to take a balanced, responsible approach. by the way, this is not just when it comes to individual taxes, let's talk about corporate
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